Warning: mail() has been disabled for security reasons in /home/markrref/public_html/usmarketbuzz.com/wp-content/mu-plugins/bps-mu-tools.php on line 110

Warning: Cannot modify header information - headers already sent by (output started at /home/markrref/public_html/usmarketbuzz.com/wp-content/mu-plugins/bps-mu-tools.php:110) in /home/markrref/public_html/usmarketbuzz.com/wp-content/plugins/bigcontact/BigContact.php on line 43

Warning: Cannot modify header information - headers already sent by (output started at /home/markrref/public_html/usmarketbuzz.com/wp-content/mu-plugins/bps-mu-tools.php:110) in /home/markrref/public_html/usmarketbuzz.com/wp-includes/feed-rss2.php on line 8
American Eagle Outfitters (NYSE:AEO) – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 Stocks In Focus: The AES Corporation (NYSE:AES), Flextronics International Ltd. (NASDAQ:FLEX), American Eagle Outfitters (NYSE:AEO) http://www.usmarketbuzz.com/stocks-in-focus-the-aes-corporation-nyseaes-flextronics-international-ltd-nasdaqflex-american-eagle-outfitters-nyseaeo-1549 Fri, 23 May 2014 13:46:26 +0000 http://www.usmarketbuzz.com/?p=1549 The AES Corporation (NYSE:AES)’s shares gained 0.74% to $13.68. The company on May 15 announced that it has priced $775 million aggregate principal amount of floating rate notes due 2019 (the “Notes”). The Notes will bear interest at a rate of 3.0% above three-month LIBOR, reset quarterly. AES intends to use the net proceeds from the offering of the Notes to repay substantially all of the outstanding term loans under its senior secured term loan facility, after which AES expects approximately $30 million would remain outstanding. The remaining terms loans outstanding under the senior secured term loan facility are expected to be repaid following the receipt of proceeds from a previously announced sale of assets in Cameroon. The closing of the offering of the Notes is expected to occur, subject to certain customary conditions, on May 20, 2014 (T + 3).

Is It The Right Time To Invest In Electric Vehicle Industry? Get The Free Trend Analysis Here

Flextronics International Ltd. (NASDAQ:FLEX)’s shares increased 4.58% to $10.04. Flextronics’ stock was upgraded at Needham on May 22. As previously reported, Needham upgraded Flextronics to Buy from Hold. The analyst upgraded shares based on improved mix, better margins, and earnings growth expectations. Price target is $12.

Is FLEX the Next Undervalued Penny Play to Bounce? – Watch The News Report Here

Additionally, the company on May 7 announced that its Medical Group will provide design and manufacturing services to Ichor Medical Systems for the development of its next generation TriGrid™ DNA Delivery System, an electroporation device used to deliver DNA vaccines and treatments addressing a broad spectrum of disease indications. The TriGrid technology has recently been licensed by Pfizer for the intracellular delivery of their DNA-based cancer vaccines.

American Eagle Outfitters (NYSE:AEO)’s shares gained 1.60% to $10.77. The company on May 21 reported earnings of $0.02 per diluted share for the first quarter ended May 3, 2014, compared to adjusted earnings of $0.18 per diluted share for the comparable quarter last year. Total merchandise inventories at the end of the first quarter declined 3% to $329 million compared to $341 million last year. In the first quarter, capital expenditures totaled $72 million. For fiscal 2014, the company continues to expect capital expenditures of approximately $230 million.

How Should Investors Trade The Electric Vehicle Industry? Get The Free Trend Analysis Here

]]>